Tag: amazon

FTC says partnerships like Microsoft-OpenAI raise antitrust concerns

The Federal Trade Commission said in a staff report issued Friday that there are potential competitive issues in partnerships between big tech companies...

Amazon suspends US drone deliveries following crash at testing facility

Amazon has paused testing of its delivery drones following a crash involving two of its models, according to Bloomberg. It’s the latest setback...

Amazon bought more renewable power last year than any other company

Amazon bought renewable power at a rapid clip last year, adding around 100 new projects and bumping its portfolio to over 33 gigawatts...

Amazon to acquire Indian fintech Axio in credit push

Amazon has agreed to acquire Indian buy now pay later startup Axio, deepening its push into financial services in one of its fastest-growing...

These tech companies are donating to LA wildfire relief efforts

Numerous tech companies have pledged millions in donations to help LA recover from wildfires that caused widespread devastation and forced thousands to evacuate...

Avataar releases new tool to create AI-generated videos for products

Generative AI models have reached a baseline capability of producing at least a passable video from a single image or short sentence. Companies...